(A)   Within 60 days after the town has taken final action to approve the granting of a franchise, the grantee shall file a written acceptance of the franchise, acknowledged before a Notary Public, with the Town Clerk. The acceptance shall acknowledge that the grantee agrees to be bound by and to comply with the provisions of this chapter and the franchise and shall be in a form and content as to be satisfactory to and approved by the Town Attorney.
   (B)   Concurrently with the filing of the written acceptance, the grantee shall file with the Town Clerk the bond and insurance policies required by § 115.10.
   (C)   The effective date of the franchise shall be the date on which the grantee files the acceptance, bond and insurance policies as required herein.